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Will Tesla Stock Split In 2024? [Forbes]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
In 2022, Tesla TSLA announced a plan to split its stock for the second time in as many years. Some investors are wondering if the two-year split cadence will repeat itself in 2024. Below we'll look at Tesla's stock split history, share price considerations and other factors to assess the likelihood of a split this year. We'll also cover the short- and long-term implications if Tesla does multiply its outstanding share count in 2024. Understanding The Tesla Stock Split Landscape Let's start with some context, including Tesla's split history and how the stock price responded to those transactions in the short-term. TSLA's Stock Split History Tesla stock has split twice previously. The first was a five-for-one exchange on August 31, 2020. Two years later, on August 25, 2022, the company implemented a three-for-one split. Market Sentiment And Speculation Stock splits are superficial in that they don't change a company's market value. They instead reallocate that value into a
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